ECNYX

About ECNYX

Eaton Vance New York Municipal Income Fund Class C is a mutual fund focused on generating current income by primarily investing in a diversified portfolio of municipal bonds issued within the state of New York. Its primary function is to provide shareholders with tax-exempt income, as the interest from these bonds is generally free from regular federal and New York State income taxes, making the fund especially attractive to residents of New York seeking tax-advantaged income. The fund maintains significant exposure across multiple sectors of New York’s municipal bond market, including transportation, special tax revenue, water and sewer, education, housing, and healthcare facilities. With nearly 100% of its assets allocated to municipal bonds and a high average credit quality centered on AA-rated securities, the fund emphasizes both income generation and preservation of capital. Portfolio duration and maturity reflect a long-term approach, aligning with investors seeking steady, tax-exempt returns. As part of Eaton Vance's suite of municipal income products, this fund helps channel capital into the development and maintenance of essential public infrastructure and services throughout New York state, advancing both individual investor objectives and broader community projects.